Vedanta Limited’s share price declined by 2.64% to ₹460.70 during early trading on December 24, 2024, as the stock traded ex-dividend for its fourth interim dividend. The metals and mining giant had declared a dividend of ₹8.50 per equity share, with a record date set for today.
Key Highlights:
- Ex-Dividend Date: Vedanta shareholders eligible for the fourth interim dividend of ₹8.50 per share needed to purchase the stock before the ex-dividend date (December 23, 2024).
- Dividend History for FY25: Vedanta has declared total dividends of ₹43.50 per share for FY25, including prior payouts of ₹20, ₹11, and ₹4 per share.
Recent Performance:
- Year-to-Date: Vedanta shares have surged by an impressive 78.24%, delivering strong returns to investors.
- Dividends: The company has consistently rewarded its shareholders with attractive dividend payouts, reaffirming its position among top dividend-paying stocks in India.
Promoter Holdings:
Promoters held a 56.38% stake in Vedanta as of September 30, 2024.
Broader Context:
Vedanta’s commitment to generous dividend payouts continues to make it a favorite among income-focused investors. However, the ex-dividend adjustment typically causes short-term price declines, as reflected in today’s market movement.
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